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Business News

Location American Business News for 19 August 2014

Why Textbooks Cost So Much

The Huffington Post - 19 Aug 2014 17:44
Why Textbooks Cost So Much STUDENTS can learn a lot about economics when they buy Greg Mankiw's "Principles of Economics"--even if they don't read it. Like many popular textbooks, it is horribly expensive: $292.17 on Amazon. Indeed, the nominal pr...
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Architects Designed A Portable Tiny Home From Two Recycled Water Tanks The tiny home phenomenon has been taken to another level.  The designers at New York City-based Stereotank have created a traveling shelter that's small enough to wheel around on a bike.Called Taku-Tanku, the home co...
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HOUSE OF THE DAY: The 2,000-Acre Mellon Estate In Virginia Is On The Market For $70 Million The Upperville, Virginia estate of late heiress Rachel "Bunny" Mellon recently hit the market for $70 million, according to the Wall Street Journal. Called Oak Spring Farm, the 2,000-acre property includes a 10,000-squ...
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Shorter fruit trees bred to cut farm labor costs

L.A. Times - 19 Aug 2014 20:19
Shorter fruit trees bred to cut farm labor costs When it comes to growing peaches and nectarines, farmers are often encumbered by one of the most important tools of the trade: ladders.
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The price of Bitcoin surged more than 8 percent Tuesday after plunging nearly 12 percent the day before, leaving analysts wondering if the virtual currency has ended its recent long-term decline or if more volatility is ...
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Metals Stocks: Gold stays glued to $1,300 level

Market Watch - 19 Aug 2014 08:11
Gold prices bounced around the key $1,300 level but remained mostly in a holding pattern as traders were busy pushing the Nasdaq to 14 year highs ahead of the Janet Yellen speech.
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(Reuters) - Dollar General Corp offered to buy Family Dollar Stores Inc for $8.95 billion, trumping a bid by Dollar Tree Inc and aiming to strengthen its dominance of a growing segment of retailers serving penny-pinching...
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The Recent Junk Bond Sell-Off Hasn't Hurt Corporate Liquidity FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.  MOODY'S: Corporate Liquidity Is In Good Condition Despite Recent Bond Sell-offs (Barron's) Acco...
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Shop 'til you drop in China's malls

CNN - 19 Aug 2014 16:58
Super malls and retail districts are being built at a rapid rate in the country. CNN's John Defterios takes a look.
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Analysts call for tracking stock to 'cure' Time Warner stock price It's all moot, of course, as 21st Century Fox insists it's done bidding for Time Warner. Time Warner says it believes Fox, but that still leaves the holding-company owner of...
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Commerce Dept. blacks out, withholds Census e-mails

New York Post - 19 Aug 2014 04:48
Commerce Dept. blacks out, withholds Census e-mails Last Friday, The Post filed an appeal to uncover over a thousand e-mails that the Census Bureau and the Commerce Department seem desperate to keep hidden. This is the second...
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The Ferguson police officer who shot an unarmed black teenager on Aug. 9 reportedly revealed to a supportive friend that he "can't go out" without risking his own safety and that of his young child.
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Just call him China's Warren Buffet -- Guo Guangchang, chairman of one of China's biggest private conglomerates Fosun Group, has modeled his firm on Berkshire Hathaway. It's grabbed attention by making high-profile overs...
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American Apparel reports $16.2-million loss in second quarter American Apparel Inc., bedeviled by turmoil in the executive suite, reported a larger-than-expected loss in its second quarter as the retailer struggled with flat sales and worked to secure fresh credit from borrowers.
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DealBook: Tax Burden in U.S. Not as Heavy as It Looks, Report Says An academic paper argues that the American tax code's loopholes result in effective rates that make United States corporations more competitive than their competitors based overseas, not less.
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American Apparel Narrows Its Losses, but Troubles Remain

The New York Times - 19 Aug 2014 02:49
American Apparel Narrows Its Losses, but Troubles Remain The retailer lost $16.2 million during the quarter, compared with $37.5 million a year earlier.
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How To Get The Most For Your iPhone When Apple Releases A New One (AAPL) You may have heard Apple will release the iPhone 6 on September 9. You know it's going to be cool. The rumors say it will be available in two screen sizes, have a longer battery life and lots of other new features. If yo...
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I'm Planning to Retire in My 30s. Here's How

The Huffington Post - 19 Aug 2014 19:08
I'm Planning to Retire in My 30s. Here's How In our Money Mic series, we hand over the podium to people with controversial views about money. These are their views, not ours, but we welcome your responses. We first wrote about Brandon's investing strategy in our st...
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Bottles of Corona Extra Beer Recalled

NBC News - 19 Aug 2014 18:46
Bottles of Corona Extra Beer Recalled Constellation Brands, which imports Corona beer from Mexico, is recalling select packages because bottles may contain small particles of glass.
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How To Replace Or Revamp Your Garage Doors

Forbes - 19 Aug 2014 12:00
Boost curb appeal and maybe even security with new garage doors. Find out cost ranges and other important details here
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Why JC Penney Has Gained 10% In The Last Five Days

Bidness etc. - 19 Aug 2014 23:59
Why JC Penney Has Gained 10% In The Last Five Days J C Penney Company, Inc. (JCP) shares breached the $10 barrier for the first time this year today; the stock has now surged more than 10% in the last five days. Investors seem to believe that a turnaround is in the makin...
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Uber hires former Obama adviser Plouffe

Miami Herald - 19 Aug 2014 23:57
President Barack Obama's former campaign manager and White House senior adviser David Plouffe is joining car service startup Uber as it seeks to expand in cities worldwide.
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